Dubai: PH Real Estate on Sunday provided that Myles Bush, the broker’s CEO and co-founder, will venture down from his job.
PH Real Estate likewise made an enormous “seven-figure” acquisition of Bush’s 50% stake in the organization.
One of the two new partners in real estate and entrepreneur Mamad Kashani-Akhavan. The other one is Vahid Mazaherioun, an industry veteran with about 20 years of experience in Dubai’s real estate sector.
Launched in 2008, PH Real Estate was responsible for Dubai’s most expensive villa deal in 2017 and the most expensive land deal in 2018.
“As we move into an exciting new era for PH Real Estate, I’m delighted that our new partners share the values that Myles and I began the company with – trust, integrity, and transparency,” said Nick Grassick, Managing Director.